10Sep
Developer, investor sentiment in realty sector moderated in Apr-Jun: Report
By Raghav Aggarwal New Delhi
The sentiment of developers, as well as non-developers like private equity (PE) players and non-banking financial companies (NBFCs) in the Indian real estate sector, moderated in the April-June quarter compared to the previous quarter, a report released on Wednesday showed. While the overall sentiment remains optimistic, it has fallen considerably from the all-time high levels in the January-March quarter this year.
According to the “Knight Frank-NAREDCO Real Estate Sentiment Index Q2 2024,” the Current Sentiment Index Score moderated to 65 from 72 in the previous quarter. This score signifies stakeholders’ current outlook compared to six months ago.